Fair Isaac Cuts 15% of Its Staff. Why It's Not Boosting the Stock. -- Barrons.com

By George Glover Fair Isaac stock is on a nightmarish run -- and it just announced a raft of job cuts but these won't be enough to change investors' minds about the struggling credit score provider, down 59% this year due to fiercer competition. Fair Isaac said in a filing late Tuesday that it would eliminate about 15% of positions throughout the company. It expects the cuts to cost it $27 million in pretax charges for the fourth quarter of fiscal 2026. Shares of FICO dropped 3.9% to $668.05 on Wednesday. They were down 59% for the year through Tuesday's close. It's partly an artificial intelligence story. The company said it would integrate "AI-driven product development" as part of the workforce reduction plan. Slashing jobs tends to give a stock a short-term boost, as it leads to lower operating costs. The $27 million figure is a drop in the ocean for Fair Isaac, which posted $652 million in net income last year. But perhaps Wall Street wasn't impressed because the workforce reduction plan comes from a position of weakness, rather than strength. Fair Isaac stock.